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Crude Oil Price Forecast: Volatility Tests Bullish Reversal Structure
FX Empire· 2026-01-15 22:01
Group 1 - The rally high of crude oil reached $62.39, completing a 141.4% projection for a rising ABCD pattern before sellers regained control [1] - A significant breakout occurred when crude oil surpassed the 127.2% target at $61.86, indicating strong bullish momentum [1] - The 200-day moving average remains an upside target, with a larger price range projected up to $63.24 [1] Group 2 - Thursday's decline marked the first pullback after recent breakouts, with key resistance areas being tested for support [2] - The double bottom breakout and daily close above $60.56 provided bullish trend reversal signals, suggesting potential for further gains [2][3] - Crude oil tested support near the double bottom pattern breakout level at $59.00 and the 50-day average at $58.67 [3] Group 3 - The near-term risk for crude oil hinges on holding recent lows, with the 20-day average at $58.17 serving as a potential support area [4] - A drop below the 20-day average could jeopardize recent bullish signals, particularly if it falls below the second bottom at $55.82 [4] Group 4 - A new weekly candle will be completed, and a bullish continuation requires a weekly close above last week's high of $59.83 [5] - If the week ended today, it would show a bearish inverted hammer doji with a close in the lower third of the range, indicating potential weakness [5]
Crypto Long & Short: Markets at Highs, Crypto Still Waiting
Yahoo Finance· 2026-01-14 17:00
Group 1: Cryptocurrency Market Trends - Metaplanet has completed a bearish-to-bullish reversal after an 82% drawdown from its June highs, contrasting with MicroStrategy, which continues to struggle near lows [1] - Monero has formed a decade-long ascending triangle and is poised for higher prices, especially as the privacy-coin narrative gains traction [1] - The cryptocurrency market is currently experiencing a phase of institutional adoption, with major financial institutions laying the groundwork for continued involvement [10] Group 2: Economic Indicators and Federal Reserve Actions - President Trump's upcoming replacement for Fed Chair Jerome Powell is expected to initiate a rate-cutting cycle starting in the second quarter, with total Fed assets rising again after the end of quantitative tightening [3] - Following a stronger-than-expected unemployment report, market-implied rate odds for the January FOMC meeting have shifted towards a "no cut" stance, aligning with the Fed's focus on labor data [4] Group 3: Bitcoin Technical Analysis - Bitcoin is showing signs of a potential bullish reversal, forming a double bottom pattern that could target the $100k+ region [7] - Despite a bearish cross in hash ribbons indicating potential weakness, both hashrate and hash ribbons are stabilizing, suggesting a possible inflection point [9] - Bitcoin ETF flows remain negative, with approximately $700 million in outflows reported in the past week [7] Group 4: Blockchain Ecosystem Developments - The 2025 crypto market is characterized by a widening gap between activity and price performance, with total value locked (TVL) increasing in seven of eight ecosystems covered [11][12] - Ethereum's fundamentals have strengthened despite underperformance in price, with increased TVL and stablecoin supply, while Layer 1 revenue has fallen sharply [13] - Solana has seen elevated on-chain usage and a significant expansion in stablecoin market capitalization, although price volatility continues [14] Group 5: Market Dynamics and Investor Behavior - The ratio of Solana ecosystem token volumes over SOL volumes on centralized exchanges has increased over 40%, indicating a return of risk appetite among investors [18] - Application-level monetization and institutional utility are becoming more significant in determining performance across crypto markets [18]
X @Poloniex Exchange
Poloniex Exchange· 2025-11-12 03:00
Daily News 🗞 | November 12• Bitcoin signals bullish reversal as ‘apparent demand’ hits four-month highs• 61% of institutions plan to boost crypto exposure• BitMine snapped up 34% more ETH last week as prices dipped• Standard Chartered to debut DeCard, a pioneering stablecoin-enabled credit card in Singapore.• Brazil classifies stablecoin payments as foreign exchange#CryptoNews #PoloniexNEWS ...
X @CoinMarketCap
CoinMarketCap· 2025-11-07 21:15
LATEST: 📈 Many analysts now believe the worst is over for Ethereum's price, calling for a bullish reversal that could push ETH up to $5,000 by year-end as its supply on exchanges declines. https://t.co/4sqqEwv5ju ...
Hedera (HBAR) Price Needs a 9% Jump for Bullish Reversal to Play Out — Here’s Why
Yahoo Finance· 2025-10-16 09:30
Core Viewpoint - Hedera's (HBAR) price has been on a downward trend, with a 5% decline in the past week and nearly 24% over the past month, but indicators suggest a potential reversal if a critical price level is cleared [1][6]. Price Performance - HBAR has struggled to recover from the "Black Friday" crash, indicating ongoing selling pressure [1]. - The current trading price is around $0.17, with immediate support at $0.16 and resistance at $0.19 [6][8]. Technical Indicators - The Relative Strength Index (RSI) shows an early bullish divergence, suggesting that sellers may be losing strength [2][3]. - The Chaikin Money Flow (CMF) remains positive at 0.18, indicating that more money is flowing into HBAR than out, despite a slight easing [4][5]. Resistance and Support Levels - For a bullish reversal to be confirmed, HBAR needs to rise approximately 9% to close above $0.19, which has acted as a strong resistance level since October 11 [7][8]. - If HBAR fails to maintain above $0.16, it could drop towards $0.15, negating the bullish setup [8]. Market Sentiment - Large HBAR wallets continue to buy, indicating sustained interest in the asset despite recent price corrections [4][5].
PI Coin Rebounds From Record Low, Shows Early Signs of a Bullish Reversal
Yahoo Finance· 2025-10-13 14:00
Core Insights - Pi Network's native token PI has experienced a significant rebound after hitting an all-time low of $0.1533 during a recent market crash, indicating a potential recovery phase for the altcoin [1] - The altcoin has shown steady gains over the past three days, defying broader bearish market sentiment as traders re-enter the market [1] - Technical indicators suggest that PI may break above previous resistance levels, signaling a bullish trend [1] Market Sentiment and Indicators - The Elder-Ray Index readings for PI/USD show a reduction in sell-side pressure, with the current momentum indicator at -0.0482, indicating a potential bullish reversal [2][3] - The shrinking red bars in the Elder-Ray Index suggest that bearish momentum is weakening, which typically precedes a bullish trend reversal or short-term rally [3] - The Balance of Power (BoP) reading for PI is currently at 0.59, indicating a growing buy-side conviction among traders and reflecting a gradual return of bullish sentiment [4][5] Price Analysis and Projections - Current trends indicate a shift in market sentiment towards PI, with a potential breakout above the $0.2573 resistance level that could lead to a target zone of $0.2917 [6] - If accumulation of PI fails, there is a risk of revisiting the all-time low of $0.1533 [7]
Crude Oil Price Forecast: Consolidates as Bears Press Key $62 Support
FX Empire· 2025-08-19 20:58
Support and Downside Targets - The recent swing low of $62.19 marks critical near-term support, with a decisive break below this level confirming a continuation of the broader bearish trend [1] - The next lower target is projected between $60.66 and $60.60, aligning with a 78.6% Fibonacci retracement and a measured target from a falling ABCD pattern [1] - A deeper bearish objective is indicated at $57.71 based on a 100% projection of the same ABCD structure [1] Signs of Potential Reversal - Recent consolidation suggests that bearish momentum has temporarily stalled, opening the possibility for a short-term bullish reversal [2] - A small double bottom pattern has developed, with a breakout signal triggered on a move above last Friday's high of $64.18 [2] - If confirmed, this could lead to a test of resistance near the 20-Day moving average, currently at $65.78 [2] Key Resistance Zone - The resistance area is significant due to an anchored volume weighted average price (AVWAP) line from the June trend low, currently at $65.53 [3] - This AVWAP served as reliable support until it was broken to the downside on August 6 [3] - A rally back into this area would mark a critical test for bulls, as reclaiming the 20-Day average and AVWAP is essential to shift momentum in their favor [3] Outlook - Crude oil remains trapped between support at $62.19 and resistance at $64.18, requiring a breakout beyond either boundary for momentum improvement [4] - Traders can expect further consolidation within this range, with the broader bias continuing to favor the bears [4]
Crude Oil Price Forecast: Potential Bullish Reversal Emerges After Sharp Decline
FX Empire· 2025-05-01 20:47
Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading activities [1]. Group 1 - The website provides general news, publications, and personal analysis intended for educational and research purposes [1]. - It clarifies that the information does not constitute any recommendation or advice for investment actions [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to apply their own discretion [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - Users are encouraged to perform their own research before making investment decisions, especially regarding instruments they do not fully understand [1].
X @CryptoJack
CryptoJack· 2025-03-27 15:08
📊 #SEI$SEI is breaking out from a descending wedge pattern, which is a bullish reversal signal!📈 The RSI also shows a bullish divergence, supporting a potential uptrend.🚀 If it confirms above resistance, we could see a strong rally towards $0.50+!Will $SEI take off? https://t.co/OSv8RzTooS ...